Does a national summer gas tax holiday really spell relief?
Reducing gasoline prices by 18.4 cents per gallon will provide little more than a psychological boost for American motorists.
Fuel prices, averaging about $3.60 a gallon, can fluctuate by 18.4 cents — up or down — within just a few weeks.
That is why proposals that the federal tax on gasoline, 18.4 cents a gallon, should be suspended for the summer don’t make much sense.
President Bush, in telling reporters this week that he is open to considering any ideas that may help motorists, including suspension of the tax, pointed out what ought to have been obvious for years: Congress simply hasn’t taken actions with reasonable likelihood of decreasing U.S. dependence on foreign sources of oil.
Allowing exploration and drilling for oil in the Arctic National Wildlife Refuge and making it easier for oil companies to build new refineries are two things Congress could do to affect gasoline prices, Bush pointed out.
Umm, has anyone seen our nuclear weapons?
Given the danger posed by nuclear weapons, one might think that the government would have a complete inventory of all of them, including spare parts.
Wrong.
Thorough investigation needed to eliminate possible future accidents
It’s a good thing the 10-year-old daughter of Rockaway Township, N.J., resident Cheryl Angle wasn’t home on a recent Friday afternoon. She might have been killed.
» Full StoryIUB vote was best choice for future of Iowa energy
The Iowa Utilities Board on Wednesday gave its stamp of approval to a new coal-fired power plant in Marshalltown proposed by Alliant Energy.
» Full StoryThe government shouldn’t bail anyone out of their mortgage
Some people never learn. A few liberal members of Congress are demonstrating that in their reaction to the so-called “subprime crisis” involving mortgage loans.
Sen. Christopher Dodd, D-Conn.
Focus on educating future homeowners
It is no wonder that so many Americans are in trouble with mortgages, credit cards, retirement programs and other matters in which basic financial literacy is important.
» Full Story
State track previews
North Tama Awards Night
NTJH Conference Track Meet
STc vs, Knoxville 5-13-08
MHS girls tennis invitational
MHS boys soccer vs. WDM Valley
MHS girls tennis v Cedar Falls
MHS girls golf Grundy Center